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called the cost of any quality three decades of the super rich and the economy. are we living in a time of economic inequality and is that important? >> guest: we are indeed the gap between the rich and the poor stands at the mere historical levels, not just in the united kingdom but even more so in the united states and across the majority of the rich world. these countries have been getting much more unequaled since the 1970's and in some countries particularly the united kingdom and the united states now back to the kind of income the gaps that we saw in the pre-war iraq. i mean in the united kingdom, we are back to the sort of levels of any quality of the 1930's and in the united states we are back to inequality of the 1920's. so this is a remarkable switch. we have a long period of equalization. the great leveling as historians have to find it in the post war era to the 1970's and then that whole process has gone into reverse. we have simply gone backwards to where we were eda, 90 years ago. >> host: some would call that leveling the redistribution. >> guest: some of it was a redis
: they just thought by designing the system, by putting the -- under a collective economy they could bring great results. [speaking mandarin chinese] >> translator: they are stripped everybody's freedom. [speaking mandarin chinese] >> translator: nobody has a freedom to find food . >> to grow food. >> translator: to grow them and find food according to their own effort. >> so they collectivized -- they collectivized farming. [speaking mandarin chinese] >> took away the incentive to grow -- [speaking mandarin chinese] >> translator: dismantled individuals and individual house hold as production units. >> there was grain in the agricultural areas, but it got sent away; correct? [speaking mandarin chinese] >> translator: the grain production is -- [inaudible] the grain production was rejuiced by huge -- reduced by a huge amount. they took away the incentive, as you said of production. >> they also took it away. the grain itself? correct? they took it to the city. [speaking mandarin chinese] >> translator: so the government simply took away the harvest, the yields of all of it. [speaking manda
the financial system and the economy did it exist to support. this is at the center of "masters of nothing," the book we're launching this week. because throughout her life, lady bacher passionately believe capitalism was not only the effect this form of economic organization ever invented, but also the most moral. today, the first of those points is almost undisputed and we should all be grateful to the market liberals of west and east, who in free the peoples of the former communist bloc restocked in turkey so liberated billions in china and india and indonesia in beyond, from grinding poverty and prove once and for all that free markets are the greatest source of prosperity ever known to man. but the free market is a world force of good is less well understood and its moral authority hinges on two crucial factors. first, free-market airfare because we were disproportionate to effort. when markets work, those who prosper and work hard and risk their capital to succeed in making other people's lives, their customers lives better. for most people, fairness is a form of reciprocity that she
a crucial role in our economy and vital role in our communities. mr. president, that was proven last night at 5:00 when the congressional budget office, this nonpartisan arm that we look to for direction with what things cost and don't cost here on capitol hill with our legislation, they issued a statement yesterday that this bill certainly, that's on the floor today, this bill certainly is good for the economy. as i will say a couple times during my brief remarks here, it's going over the next two decades, what's left in this one and the next decade, reduce the deficit in america by almost $1 trillion. of course as we've said here previously, previous to getting the report from c.b.o., this legislation is good for the economy and good for security. that's a good package. well, mr. president, these 11 million people need a pathway to get right with the law. a commonsense bipartisan reform proposal before the senate will help them do just that. it will reduce illegal immigration by strengthening our borders. it will fix our broken immigration system and crack down on unskraoup less employer
talk about here today. but what, and how do we bring the costs down? economies to scale, we know the. the more you produce is something, we've got to do this. that's going to be ultimate, one of the money decisions we have to make. one, do we need this plane? i think we do. secondly, can we afford this plane? and how do we afford it? do want to talk about that a minute? >> thank you, senator. i agree we need the airplane. can we afford the airplane is the question, not just the committee but us as well. >> american people. can we afford not to do it? >> i don't think so because there is no other option right now. and what we are asked to do is pretty well defined by our national guidance and by our defense strategic guidance. and based on that requirement that's handed to our services in the air domain, this airplane is something that we need to me commission we've been assigned. if the mission changed dramatically, if there was no intent to be worried about threats from other technology that develops in the future, if there is not a requirement, if the united states to build objecti
, professional sports. die-hard the know where to begin, a vast amount of the economy is based on taste and subjective values. there is no reason why there couldn't be a society in which we do get paid for social media, the other people do. what is the point of that? and here is where there is a leap of faith required. capitalism can work. markets can work. markets work when they start helping people coordinate to create more wealth and more positive effect for each other than they would have otherwise and when you have a market that grows as a result more people are better in the trading system that sharing system. that happened again and again and it is the real effect and is entirely appropriate especially for information network. so yes, you would be paying but you will also get paid. the nature of getting paid would be unlike any payment anyone has experienced before. we are used to the idea that you pay for stuff more often than you get paid. you only get paid every two weeks for your salary or whatever royalty check and always buying your coffee and spending in little drips and d
that actually is a good balance and works for everyone in this sector of the economy. this bill first creates a way for current undocumented workers to obtain legal status through the blue card program if they've worked at least a hundred workdays or 575 hours from january 1, 2010 through december 31, 2012. all the blue cardholders will receive biometric identification. employers will be required to provide a record of their employment to the department of agriculture as well. and to be eligible, then, for a green card, the workers must have worked for at least a hundred days per year for eight years prior to enactment or 150 days for five years prior to enactment and they also would have to show that they pay taxes on their income that they earn while in blue card status, that they have not been convicted of any felony or violent misdemeanor as well. next, the bill also establishes an agricultural worker program to assign work visas for immigrant workers who don't wish to live in the united states but want to be able to come to the united states to be able to work legally. workers must regis
, they can't weaken america. they didn't weaken our economy. they helped build this country, helped build this economy as all of our ancestors did, and that's true of immigrants who want to come here and work and we ought to have a legal avenue that allows these people who want to build a better life for themselves and in the process build a better america, we ought to allow that to happen. this bill in my view doesn't go nearly far enough in accommodating the legal immigration that we could and should have in this country especially with respect to low-skilled workers. i'll be the first to say the bill makes a lot of progress for high-skilled workers, two big areas, the h-1b visas, the cap that has been too low for too long is significantly raised and although we've created hoops people have to go through that are probably unnecessary, it is progress that we have a much higher cap. there's also a new opportunity for graduate students in the stem fields to get green cards in time and that is very, very constructive. these people come here with a great deal of human capital, intellectual c
a facebook page now. so, you know, the world has really changed, and our energy economy has similarly changed. if you go back again to that time ten years ago, oil production, of course, continued to fall in the united states, imports increasing dramatically. top business leaders and thinkers from lee raymond to alan greenspan be projected an enormous natural gas shortfall and, in fact, there were lots of investments for lng imports. today we talk about blend w5u8 problems. pv, distributed pv, $10 a watt. today we're talking about incredibly reduced costs. wind power up by a factor of 15 in that time period. so there really has been tremendous change, in fact, even in the four years since president obama took office we've seen this. most especially, of course, we all know how unconventional gas and oil have been a game changer in this, in this country. we often think of the energy industry, the energy system as one of incredible inertia and very hard and resistant to change. and there are some, there is some truth in that, and there are some good reasons. capital intensity, all kinds of issue
and singapore. so we were number one anymore, blue number three against pretty dynamic economies. over the last 13 years, with now dropped down to number 18. when people ask what is wrong with the economy, why do we have such high unemployment? y has disposable income per capita basis, why is that decline in house over the last 10 years? the answer is right there. we are less free today than we were 13 years ago. as are economic freedom declines, government regulation increase, taxes increased, the engine that is the basis for our prosperity, which is business is lessened and prosperity is therefore declining as well. as economic freedom does not come so does prosperity. so if the business people are willing to speak up for free enterprise capitalism, we can expect economic freedom to continue to lesson in american press verity will continue to lesson as well. we are far from a free enterprise capitalist system anymore. we are moved towards a crony capitalistic system, where we've got a government and big business often times colluding with each other. the great example is the fiscal cliff bill
economic progress. it tripled the size of its economy, crippled the standard of living of ordinary people, in spite of this progress, we see this demonstration. why? because people don't want just bread-and-butter, they want freedom. they want human rights, civic rights, democracy, rule of law. they want to take part in the decisionmaking, whether it is the future of the party in istanbul or the future of their country. for mr. erdogan, in my view, a wake-up call. therapy can go on the way to work, more democracy, on the way to europe, or turkey can slip into the politics situation that is developing in the middle east. therapy needs a new constitution not because of the e.u. but because of the democracy and development of turkish society and turkish economy. in this process of creating a new constitution not only the ruling party but the opposition should be included. the civil society, the journalists, the lawyers, everybody who is willing to take part and in this process, needs our help because if we let this not only for us, very important country to slipped down this slippery slope,
which will have a terrible impact on state and local economies. going back to when the government tries to implement compassion it will always be done on a political basis. i want to speed up because we want to leave time for discussion and our other panelists. i want to give you an example how this happens. i heard this great example. think about a mother who steals to feed her children. she goes to children. her children end up in foster care. we have sympathy and there is the terrible situation, where is the outcry for amnesty for such a person? where the outcry for family reunification for someone broke the law. it is not there? why? because she is not a member of desired political block people in washington trying to garner favor for. that is to go back to let individual discuss 19 we get mandate for compassion. go next to verse 34, right after the mandate that we exercise kindness to strangers, it also prohibits unjust weights and measures. that is what this bill is. it is an unjust weight and measure. we need to take the things into consideration. i could go on. this bill also, a
in this that america is in a global battle for capital and labor. if we're going to grow the economy in the united states at the rates he would talk about historical through our lifetime then we have got to have more labor. not only high skilled labor like science and technology and engineering and math but it is critical to increase the of h1-b visa and also start to do a better job to raise american kids to get the master's and ph.d. engineering and physics but in the short term and in the midterm lot of the labor costs to come from other countries and we are so blessed that our university system is a magnet for the best in the world when it kid gets a ph.d. in engineering from mississippi state we should staple a green card to his diploma because if not he will go home to mom buy and hire 800 people were if we let him he would much rather stay here and it is almost universally accepted that we have the other essentials labor that is not a phd. california that biggest agricultural state more than half of the farm is here illegally and only 4% are here on the special agricultural be said because
, the economies were booming and it was during the depression. of course one of the reasons we were doing that is because they were back to the war. and he became very impressed with hitler and mao sweeney and he began going back home and talking up hitler and rossellini and eventually, that led to his downfall. among the southern states and southern democrats, there was very little isolation. it was mainly among midwestern republicans. but in some other areas, there was very strong support for it. eventually they forced the democratic party to have him retire. they could not put up with his pro-not see views. people can say what they want. he was a world war i hero. he was a very bright guy. he sort of had to be in this period. he is remembered today mainly through watergate and being a conservative democrat, to lead the investigation, it was part of this. and he also stood up to the individual that was leading the witchhunt. he spent most of his life as a judge. everyone was afraid of him. saying that if he defended this, you you said that he was working to the economist or he was tied
will be providing whatever support is necessary. if the economy does not improve along the lines that we expect, we'll provide additional support. if financial conditions evolve in a way that's inconsistent with economic recovery, we will provide support. but -- and in that way we hope to increase confidence both among market parts, but also among investors and private consumers and other people in the economy. so, but, again, your point is well taken that we are in a position where the simple adjustment by 25 basis points to the federal funds rate seems like a long-ago experience, and we are in a more complex type of situation. .. >> it is certainly true that it has taken time to do these regulations. number of reasons for that. the first is they're inherently, many of them are quite complicated, the volcker rule involves little distinctions between hedging and marketmaking and proprietary trading. many of them involve rules to coordinate and cooperate and agree on language. the q r m rule, six agencies are involved in making that rule and the third fact, the third and basic issues we have to do o
is by the bank of england in charge of recruiting credit in our economy. instead what we ought to be getting from him is an apology and a thank you for clearing up the mess they made. [shouting] >> sir edward lee. >> may i say to the prime minister occasionally one should be grateful, so -- [laughter] may i warmly commend him for being the first conservative prime minister ever to commit to a referendum on europe, and for leading a government that is done more than any other government to tackle welfare dependency, to reduce immigration and to bring in academies. thereby showing that -- popular and ride all the same time. [shouting] >> can i thank my honorable friend for his question, and can i on behalf of everyone in the house congratulate him on his richly deserved night it. >> here, here. >> yes, sir. dden is how so many decades and he also served in the vital role of overseeing the public accounts committee which is such important work in our parliamentary system. i am grateful what he says about the referendum and i would urge all college to come to the house on july 5 and vote for this bi
and in the 18 eighties the economic growth rate was constantly 8% per year and already the largest economy in the world. it was not like china in our time had gross from a very low base it was the world's greatest economy when that decade began and it still grew. at an astounding rate with huge increases in productivity accompanied by pioneering events in almost every industry steel, so in those periods at times setting up the country to get through to the point* where the states could abolish slavery to ensure the integrity of the country to deal with the economic pressure to focus the pressure not on the are rich or mythical categories roosevelt conjured for his own purposes of malefactors of great wealth anwr profiteers. there were none. that is nonsense and 1933 but of the rockefellers have the boards would pay for this they would burn their houses down but their real enemies name was a japanese imperialists and then the containment strategy was devised very imaginatively and it worked there were some mistakes but it worked and it worked completely and not to make light of those who di
's a reflection of the economy. i stand in support of mr. gowdy's safe act and we've seen as moving before in 1986 and if we go down that path it's not going to end well and it's an to have a devastating effect. thank you for allowing me to speak today. >> thank you, sheriff and we will now recognize mr. crane to read >> good afternoon, a ranking member conyers and members of the kennedy. we are still reading through this a fact introduced by congressman gowdy however my reaction is one of appreciation and support for his efforts. i applaud the congressman and his staff for creating a bill that makes public safety a priority that reforms enforcement. unfortunately, the gang of eight legislation reflects an absence of all enforcement input as it contains no tangible plan for border security and essentially ignores interior enforcement altogether while simultaneously treating it that his citizenship for members of criminal street gangs and most other criminal aliens. we hope the members of both parties in the house and in the senate will review the provisions of the safe act as the gang of eight leg
with an economy that we want to see do well. ear not an economy with a nation , a nation creates a binding series of interests, and we call on our citizens to go fight wars and their children go fight wars and put their lives on the line for the nation. and they serve our country. and the country owes them certain protections and a chance to be successful and a chance to be able to make a decent wage with a health care plan, with a retirement plan so they can take care of their families ta, take -- families, take care of their families and send them to college. a nation has those obligations and to simply say millions can come to our country illegally, millions can come legally in levels that jeopardize the working majority, perhaps, of american citizens that pulls down their salaries, allows them not to prosper, is difficult for me to understand how it can be justified. i don't see how we can justify that. i'm not against immigration. we do a million people a year in this country. i think that's about right. we need to shift it some so we are getting people who have a better chance to succeed in
'll find the president more engaged. i'll stop there. essentially the basic need to get the economy going we haven't talked about that yet. the tax reform is going to help the american economy, health care jobs. this competitive world of ours, everything we can, legitimately and reasonably to help american people, help american small business, how multinational corporations to compete better and have less red tape and be less hidebound said they can focus more on jobs. it will help spur the economy. >> i would say the tax code was broken in 1986 and is broken now. i reference this hearing. the three witnesses said the tax code is broken and i would agree on everything maxed site. the other thing habitat is the world has changed since 86. the ability to invest around the world with the click of a mouse is so much easier. we have to look with other countries have done as well and have modernized tax systems. we have an international business side and the other thing is somewhat similar is you have to be very persistent. that reform would not have happened without continual persistent enough
of our economy to skyrocket. the trustees report and the alternative scenario reinforced for prompt attention to medicare severe financial problems. as we will hear from our witnesses today we will continue to push but now's the time to act as the sooner we make changes the better the program structure, the less drastic these changes will have to be. it's my hope that this hearing will help my colleagues on both sides of the aisle continue to understand the extent of financial problem that pushes us to work toward a bipartisan common sense solution. we can't wish this problem away. medicare is going broke to quickly and no amount of position political game is going to change that fact. the medicare board of trustees urged us as congress to take prompt legislative action and recognize the projections in this year's report continued to demonstrate the need for timely and effective action to address medicare's remaining financial challenges. so if the trustees don't view the two added years of solvency is a significant -- then why should congress or the white house? our witnesses here
-handed independent payment advisory board causing medicare spending as a percentage of our economy to skyrocket. the trustees report and the alternative scenario reinforce the need for prompt attention to medicare's severe financial problems. as we will hear from our witnesses, we should continue to push that now is the time to act, as the sooner we make changes to better the program's structure, the less drastic those changes will have to be. my hope is that this hearing will help my colleagues on both sides of the aisle continue to understand the extent of the financial problem that pushes us to work towards bipartisan, commonsense solutions. we cannot wish this problem away. medicare is going broke too quickly, and no amount of positioning for political gain is going to change that fact. the medicare board of trustees urge congress to take prompt legislative action and recognize that the projections in this year's report continue to demonstrate the need for timely and effective action to address medicare's remaining financial challenges. if the trustees don't view the two added years of solv
] with an estimated 10 billion pounds boost to our economy, does my right honorable friend agreed that a free trade agreement with the united states represents -- [inaudible]? >> my friend is right but i think it's very good news that this free trade agreement has been launched in northern ireland it when i take many months of very difficult and patient negotiation. it issued to the topic at a problem because we wanted to cover all sorts of areas like public procurement and services, and not just manufactured goods. it's good it is getting going because this could mean millions of jobs right across europe and great benefits for us here in the uk. [shouting] >> on the subject of giving money back, which is just referred to in respect of the labour party, will he now explain to the house why, when he had a windfall, he decided to write down his mortgage instead of writing down the more of the one he was claiming for the expenses allowance in the house of commons? >> i think what the honorable gentleman needs to do is concentrate on the massive problem on his front bench. because i have to say, mr. sp
of our economy that medicare can't go off. >> final point, is it accurate the trust fund party this year started out only have enough to cover 81% of liabilities, is that accurate clocks in the trustees' report? >> the trust fund assets amounted to 81% of 2013's expected expenditures, so if there were no money coming into the trust funds. >> it's expected the next 13 years. >> these hearings are basically educational for the public. let me try to get it in people's mind when you're talking about a deficit, you are talking about a deficit in part a and part b is doctors and other incidental laboratories and so forth that will be paid in full and part d will be paid in full so those programs are not what we are worried about here. we are worried about the hospital is at 87%. there's going the 87% of the value. you are saying if we do nothing. but in fact, what we have done is put in place aca. so we are putting in a cost control mechanisms in the aca in a way that seem to be affecting these. i look at the medical advantage program and see that it's dropping and that there is encouraging ne
's, essentially, the basic need for a formula to get the economy going, and we haven't talked about that yet, but tax reform is going to help the american economy, help get jobs. and in this competitive world of ours, we have to do everything we possibly can legitimately and reasonably to help american people, help american small business, help american multi-national corporations, american companies compete better and have less red tape and be less -- [inaudible] so they can focus more on jobs. so it's a come combination of sb stance and psychology. >> and i'd just say the tax code was broken in '86, and the tax code is broken now. actually, i referenced this hearing. the three witnesses we had, all three of them said the tax code is broken. and i would agree on everything max said, but the other thing i'd just add to that is the world has changed since '86. the ability to invest around the world with the click of a mouse is so much easier. so we have to look at what other countries have done as well, and they have modernized their tax systems. we haven't. certainly in the international bus
currently as projects focused on the economy, energy, health care, regulatory reform, homeland security, foreign policy, democracy, and no immigration. each of these initiatives is headed by a diverse team of political and business leaders. subject matter experts, stakeholders, and academics who work closely with a policy team to develop consensus based solutions. the bipartisan policy advocacy network separately funded and provided strategic advice and aggressive political advocacy to ensure that the bbc policy recommendations gain traction with congress and the executive branch. the housing commission was established by the bbc in the fall of 2011 with the generous financial support of the macarthur foundation and under the leader and guidance of our for co-chairs, former u.s. senators. and former hud secretary henry cisneros. charged with examining the effectiveness of our nation's full range of federal support to housing to help chart a new course for federal housing policy. our report have been america's future, new directions for national policy which released in february with rec
to our economy and robs the bill's opponents of one of their last remaining arguments. the report proves once and for all that immigration reform is not only the right thing to do to stay true to our nation's principles, it will also boost our economy, reduce the deficit, and create jobs. immigration reform should be a priority of progressives and conservatives alike. i yield the floor and note the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: quorum call: a senator: madam president? the presiding officer: the senator from texas. mr. cornyn: i would ask unanimous consent that the quorum call be rescinded. the presiding officer: without objection. mr. cornyn: madam president, i have come to the floor to say a few words about rosa boren export, the russian state arms dealer that has been supplying the syrian government with deadly weapons and facilitating mass murder. last november, i sponsored an amendment to prohibit the use of taxpayer dollars in america to enter into contracts or agreements with rosa boren export. my amendment had strong biparti
"washington journal", members of congress. new york democratic candidate hakim jeffries on the economy. then pennsylvania republican tim murphy on health care laws and its implementation is behind schedule. "washington journal" is live at 7:00 a.m. eastern everyday. >> in a lot of ways, this is a challenging time for people who are conservatives. we have a liberal democratic president who is not only elected and reelected after putting into place some ideas and programs and projects that i think are very wrongheaded, the public had a chance to think about that and they did reelect him. it is a challenging time. it is also an exciting time if what you are tryingt to do and that is to modernize conservatism and bring it in line with what the challenge is for the country at this time. therefore, also the country is thinking about the challenges of the 21st century. neither party is doing a good job of that. there's a lot of opportunities for thinking about what america in the 21st century needs to change about the way it governs itself. in order to get back to economic growth and prosperi
's kind of a useful idea, we've got to separate economies and one of them everything gets better and cheaper and better and cheaper in the other one they don't. we've got three important sectors of the economy is largely dominated politics. education, which is almost entirely a local monopolies, 91%, 92% go to public schools. health care, which even before the aca was 50% government spending, have socialized system before we got around to making it worse three-quarter socialist system. and then you've got pensions, which is dominated by social security of course. medicare is a piece of that mark bradley. you've got a system in which people are paying 12.5% of their income for their entire lives and campaign some renown of it that is not at all related to but they put into it. one of the diverse to baser with the idea social security with an investment. this country is full of people who believe there is a found somewhere to which social security taxes go and it's supposed to be there waiting for them. one of the great frauds ever perpetrated on the american people you try to expl
. it is great, the printing machine, when the economy of it works, the best place for print on demand machine is as close to the customer as it can possibly be. theoretically speaking the best place for print on demand machine is in every retail store. that is in a pure theory because then you have no cost of shipping, no time of shipping call all that. we have a really long way to go on technology before that is of interest and we again, behind closed doors when we look at that decision, we actually worry about it. to facilitate a print on demand machine and it gets robust enough, on the corner, that machine, so is everybody else, and if that is actually healthy for our retail environment, you know, it is healthy -- we need to have bookstores. we need to have places where they are about books and have the machine in the quarter that will actually facilitate that. we have that as the concern, something we should -- one of many decisions, we should facilitate this, do as much as possible, some retail bookstores really want it, some independent bookstores really want the machine, should we faci
on cooperatives and the al terntive economy. there's no better magazine in the country than "yes" magazine to tell you there's a burgeoning alternative economy expanding in the united states locally controlled, not just co-ops, but community banks instead of city banks, credit unions instead of bank of america, farmer to consumer markets are 8,000 and growing all over the country, renewable energy locally, and many other local efforts that speak the strategy of displacement of large multinational corporations by getting their customers to move into the community economics world, and just a couple more, and then we can have a good discussion. i have columns on very enlightened ceos, and my favorite is the late ray anderson of interface corporation who decided in 1994 for the company's biggest carpet tile manufacturer in the world out of atlanta, georgia. i heard a lecture on industrial ecology by paul hopkins, and he was a man changed calling himself a recovering plundering of the planet. [laughter] and he swore he was going to turn his entire company around so that within 20 years or so, it would
, the economies were booming and the united states was still in the great depression. of course, withdrawn of the reasons they were doing that is because they were rearming, they were about to go to war, and he became very, very impressed with hitler and mussilini which led to the down fall because among the southern states and southern democrats there was little isolationist sentiments. that sentiments in the country was among midwestern republicans, but among southern democrats, they were anglophiles. there was strong support for england, and event ily, the democratic party forced him to retire because they put up a lot of his shenanigans, but could not put up with the pro-nazi sentiments. people can say what they want in sam. sam was a world war i hero. he was very bright guy. he was conservative in a lot of ways issue and he was one of the staunch defenders of segregation, which he sort of had to be if you were a southern senator of the period. he was a leading strategist. that's not how he's remembered today. he's remembered today through watergate because he led the hearings, and tha
food and farming economy. >> the book is "financing our foodshed: growing local food with slow money". the slow money was the brainchild of a man who had the idea that you could take the concept of money, a venture-capital, investments, loans, and instead of sending it off to wall street you could invested writing your local community. in particular in food. so the idea is if we slow food down you get more quality, thoughtfulness, and it is just better all-around. if you slow money down you get the same result. more thoughtful attention to where your money goes, is it doing good, harm. in particular what if you try to invest it right in your own local community? sustainable farming, businesses that support local food, the support soil fertility, what if we did that? what difference would that make it? we think it would make a huge difference. several years ago i got more interested in a local food movement ended up one of the big obstacles for small farmers was capital to buy a farm, but even just small amounts of capital for a piece of equipment. thirty years ago when my husband and
to grow the overall pie. and as all of us know given the economy over the past several years, there hasn't been a whole lot of increases in occupied housing. so that's been somewhat challenging. when we ultimately have a return to occupied housing growth, which inevitably we will, i think that should provide us with the wind at our back that should help us grow the video business. at the same time as we've had limited growth in the overall universe of potential video customers, we've also had a number of new entrants into is the video space. so there's been kind of a new equilibrium amongst video providers. we've had both verizon via their fios product and at&t enter our market for video. so that's created somewhat of a headwind in terms of growth in the video business. but we're very focused on returning the business to growth, and we think ultimately the way that happens is by insuring that we have an absolutely world class video product, and we can come back to that pause there's a lot of things -- because there's a lot of things we're demoing here at the cable show that i think is re
recently passed $1 trillion. >> this, in turn come a ways on the economy as a whole. can you explain how the cfpb has approached this critical issue. >> i would prefer that in our office. we handle our student loan initiatives and i would say that it is one of the areas that we are very proud of in terms of the activities that we have proceeded with. but he is much more adept at answering those questions. >> thank you. going back to the financial question is part of my colleagues. they have argued that the cfpb should be subject to ensure greater accountability for the agency. this is despite the fact that congress has consistently provided for independent funding for other bank regulators. in your own personal view, can you tell me how likely you could explain why congress gave all the bank regulators independent funding, and to what extent is it important for a regulator with responsibility for examining large institutions with stable and consistent funding. >> congressman, i think that your last point is the point that having that stable funding allows us to focus on our mission. it a
demonstrated, it will be the largest boost to the economy we have seen in a long time. we have almost reduced the debt. and in the process we are going to increase the security of this great nation. mr. president, i have indicated the part of the subcommittee chair. this includes ted kennedy who tried to do this the best that he could. he was chairman for decades. i'm sure that he is, and wait until next friday, he's going to smile at all this because this is a remarkable and good piece of work that he tried to do for a long time. this country is a nation of immigrants. i have to say just a couple of more things. my wonderful wife is here in america today because her father came here from russia. he and his people were persecuted against. one thing he did accomplish, he fathered my wonderful wife. an only child. as a result of that, i have five wonderful children, 16 grandchildren, that is what immigration is all about. that is why this country of ours has found immigration as a source of vitality and not a burden. this has been part of america's genius. i'm very proud of this body. >> the se
the cost down? is it the economy of scale? whereas most people please explain your views. >> you can reduce the total amount of expenditures of procurement by quantities but each one you buy will cost more. there is a difference looking at the unit cost and the overall total. >> on the f-22 program roughly estimated costing about $70 billion to develop and procurer 750 aircraft. they started to cut costs by reducing aircraft with a 180 aircraft so the cost of the program did not go up but the cost of each aircraft did. that is the one way to save on this program that will cost just looking at the acquisition cost over 12 billion over the next 25 years, you can try to get efficiencies that i am sure they will be but in the end this happens as those programs to reduce quantities. >> this is not new to do in a development. >> as part of this legendary cycle with the acquisition programs they cannot budget and they have trouble meeting the requirements and then they spend too much money and they cannot buy as much. >> do you believe more competition in the acquisition process will hopes of some
a decent chance to have a green economy. for that, we need money. we can get involved in a the way that we did in afghanistan and iraq. so the drones give us the ability to get involved without doubt level of cost if you look at how it was done come it is extremely disturbing. that is the administration who went into the conflict in libya without letting congress discuss it. that is because the administration said there is no american lives at risk and this is not a war. so congress doesn't really have a say about this. so it set a precedent for the next administration to get us involved in conflicts without going to congress. i think that it is dangerously seductive with former officials of the obama administration. it seems so effortless but lives at risk. he's just getting involved in somalia and bases now being peppered around the middle east and in africa as well as well as the pacific rim. why are john bases being set up because they must be planned in the future as well. there is something to conserve the proliferation of jones. that is something that she has known about. >> talk a
no luxury accommodation versus sort of just what we see as economy today. there were cost overruns and was never completed, however, the german red cross was set up there to help the survivors initially. they were essentially processed and sent on their way. helga's story takes another turn in the remarkable in that she finally gets on the train to start heading towards the west. the idea was that these refugees wanted to end up in allied hands. they were hoping to make to the british or the american lines. she was on a train during the dresden firebombing, but she does eventually make it to california where she finally arrived in about 1948. and here is an actual official boarding pass for the gustloff. most people aboard the gustloff of course didn't have any official documentation. those were handed out in a very first days of the boarding when it was still somewhat orderly, and that would've been around again the 27th and 28th of january, 1945. after that the situation just comes out of control and people are just pushing their way onto the ship. so because of that most people
important to our economy. they involve public policy issues that range from jobs to the internet. many people are interested in following our trade policies and they need to have enough information to be able to offer real input into the process. i think the trade representative needs to be committed to transparency and democracy. last week i asked mr. froman if he would commit to making public the bracketed text for the trance pacifitrance pa -- transc partnership. i asked him to provide more information about what trade advisors were receiving what information. each request that i made about commitment to public revealing information, he answered with a "no." so i rise to repeat my opposition to mr. froman's nomination as the next u.s. trade representative. we need a new direction from the trade representative, a direction that prioritizes transparency and public debate. i urge a "no" vote. mr. hatch: mr. president? the presiding officer: the senator from utah. mr. hatch: mr. president, i've seen a lot of people come and go -- a senator: the senate's not in order. the presiding offic
attention will be paid to those communities because it is important for economy or my state, i am sure others are in similar situations. i wanted to ask you, you said there would be an impact, mr. leocha, on places like boston. would you explain that more? >> let me talk about the pilot issue. i get phone calls about every week from people from u.s. a p a, u.s. airways pilots association. everyone is not happy. there are still lot of questions and obviously there may be support for the merger because they are getting rid of someone they don't like or getting paid a lot more money but that doesn't mean necessarily we are not going to have labor unrest. back to the smaller airports what we did when we did our overlap study we found out airports like boston and bradley have some of the highest numbers of these overlapping connecting rooms so what happens is american airlines has we 3 or four routes back and forth between bradley and seattle or bradley, they might go bradley, chicago, seattle and someone might go bradley, philadelphia, chicago. as we right size it, it means we could end up
before the economies collapse had a larger intelligence system but then they fell on hard times after the collapse of communism. they are on their way back but they are still a shadow of their former self. does that answer the question? >> i don't mean to be disrespectful by asking this but nevertheless what does your book do different from the multivolume of dr. johnson in his years in executive summary of his? i don't mean to sound disrespectful. it's been a common note disrespect taken. actually, i am almost tempted to drag, pierre and let him give his side of the story but what i tried to do -- tom's multivolume history is wonderful except that there is still huge chunks of it they remain classified. a i tried to fill in some of the blanks and in some cases with some success, and others not. i tried to add material that was not contained in tom's multivolume history because with all due respect to my friend back there, there were many other things written on specific operations and specific aspects of the agency and i tried to bring them all together plus bring in -- there was als
to how you raise yourself out of poverty. this has to be an asset, women's rights and the economy and the world at play and the future of afghanistan is crucial and non negotiable. [applause] >> you can see for all of us, for me personally and for everyone in this glorious place this has been a very special special time, to hear your thoughts about how you create these wonderful works of fiction and this i think is the best of all. for those who have not had the chance to echo these extraordinary, compelling, morality play over generations, set in this place and in california and universal to all of us. >> guest: i have learned so much from you and i am a great admirer of yours, you are terrific at what you do. if they told me you were doing this interview i was really floored. >> thank you. [applause] >> we like to hear from you. tweet as your feedback, twitter.com/booktv. >> are you interested in being a part of booktv's online book club? cheryl sandberg's book lean in, women work and the will to lead. miss sandberg who is the c o 0 of facebook discusses why is difficult for wom
and cheaper. and the other one they don't. we have three important sector of the economy that are largely dominated by politics. there's a education, which is almost entirely the local monopoly 91% of students go to public schools, you have health care, which even before the aca was 50% government spending. it was a half socialized system before we got around to making it a worst three quarter socialized system. then you have pensions. which is dominated by social security, of course, medicare is sort of a piece of that. if you look at retirement overall. and you have a system in which people are paying 12.5% of the income for the entire lives and getting something out of it that is not all related to what they put in to it. one of the worst debate we lost is the idea of social security is an investment. this country is full of people who believe there is a fund somewhere in to which their social security taxes go. and it's supposed to be the there waiting for them. and one of the great frauds ever perpetrated on the american people -- you try to explain to them that the social security t
of its economy. it tripled the standard of living of ordinary people, but in spite of this progress, we see these demonstrations. why? because they -- it shows that people don't just want redenbacher. they want freedoms. they want human rights, civic rights, they want me. they want rule of law. they want to take part in the decision-making, whether it's the future of istanbul for the future of their country. this is for mr. erdogan and in my view a wake-up call. turkey can go either on the way towards more democracy on the way to europe for a turkey can slip into unfortunately a cowardly situation that's developing in the middle east. thirdly, it needs a new constitution, not because of the e.u., but because of the democracy and development of turkish society and turkish economy. in this process of creating new constitution, not only the ruling party, but also the opposition should be included, the civil society, the journalists, the lawyers, everybody was willing to take part and i think turkey in this process also needs our help because if we let this progress, not only for a certain
came in 1956. the problem is the world has changed. as a result because we now live in a global economy where we're competing for talent, not just work force, but we need to have more of a merit-based and career-based immigration system. this bill would do that. it would move it in that direction. we have a broken legal immigration system, by the way, because it's cumbersome, complicated, bureaucratic. you really have to lawyer up to legally immigrate to the united states, especially in certain categories. particularly if you look at the agriculture sector, there is no reliable, sustainable way for agriculture to get foreign labor. and by and large, while there are americans that will do labor in the agriculture industry, there is a shortage of americans, a significant shortage of americans that will do labor, that will work in the agriculture industry, and we don't have a program for agriculture that works for people to come legally here. but the jobs are there so people are coming illegally. so we have a broken legal immigration system, and that has to be fixed, that has to be moderni
in the economy. when the fed is buying a massive amounts of mortgage-backed securities, is probably not a time to try to turn over to the private sector. so, but, you know, we reach the point now that i think it is seriously -- and i am very pleased that congress, particularly the senate, is working on a bill because it is time to start the dialogue. make your to, but think it is time to start thinking about what the future should be. >> what do you think are the preconditions to ' would need to be agreed to as a step on the way up conservatorship? what is the context that would get us out -- to the promised land of some kind of future? >> you know, there is all series of principles that would have to be discussed. i think, you know, we own banks or investors in banks outside of the u.s., so we are used to seeing banks owning more is in this country. i think we need to get some of those banks back in, and they're starting to buy mortgages in this country, but they're not going to do 30-year fixed-rate mortgages. they're going to 15 at the moment. so we need private capital to comment. banks, i
in the rest of the economy and translate it into things that are important in policy in washington. and in this century, that's going to be an even more important part of assuring we have good governance in this country, because the volumes of information we're dealing with are horrendous, and people who have a practiced approach at being able to take those volumes of information and translate them into something meaningful in policy will be more important, not less important in the future. so that's the reason why what beth has done here is so important. it helps people understand in an academic sense what it is we do as opposed to the caricature of lobbyists that often dominates the possible discussion, and we have to preserve the in this town the ability of the people who are the policy advocates to be able to present rational points of view, own though they come from different sigh. the agenda of the aclu would not be things i would necessarily agree with on the political front. but it is that clash, then, of ideas that allows to us really legislate. and it's such an important
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